Home U.S. Coin Forum

***Poll: Who's buying the Mercury Dime 2016 Centennial Gold Coin*** Mint Sale date April 21st at noo

2

Comments

  • This content has been removed.
  • sparky64sparky64 Posts: 7,048 ✭✭✭✭✭
    I voted no. Not interested in a gold dime.



    Silver or even clad, I'd say yes if design was well done.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • PerryHallPerryHall Posts: 46,911 ✭✭✭✭✭
    Based on the many negative posts concerning this coin it's obvious that this issue does not appeal to many coin collectors. Has there ever been a special issue coin sold by the U S Mint that a majority of collectors liked and wanted? I sure can't think of any.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • MilesWaitsMilesWaits Posts: 5,442 ✭✭✭✭✭
    Now riding the swell in PM's and surf.
  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    Originally posted by: MilesWaits

    Answers to your concerns from the Mint:



    http://news.coinupdate.com/201...me-u-s-mint-exclusive/




    Linkified

  • ConnecticoinConnecticoin Posts: 13,113 ✭✭✭✭✭
    Originally posted by: VanHalen
    Originally posted by: MilesWaits
    Answers to your concerns from the Mint:

    http://news.coinupdate.com/201...me-u-s-mint-exclusive/


    Linkified


    Incredible. Dan Carr is able to reproduce FSB and head detail like the original, but the big mighty US Mint cannot. They can give all the excuses they want, it is shoddy work with lack of attention to detail.
  • Coin FinderCoin Finder Posts: 7,438 ✭✭✭✭✭
    I remember the US Mint sent out a survey about this specific program and what we would like to see. A lot of people wanted the Mint to make these coins at the time... I am surprised by these results..
  • jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
    Dan Carr, can you make these in gold and show the mint what's up!? Make a quick answer and I bet you get some business. image
  • This content has been removed.
  • BillJonesBillJones Posts: 34,864 ✭✭✭✭✭
    This is only the second part of the beginning for this kind of stuff. To steal a line from the late Nancy Reagan, collectors need to learn "To just say no!" I bought the Kennedy half dollar gold coin because it met something to me when I was young collector. This piece is from a series that I started to collect from pocket change when I was kid, and the Mercury Dimes just never got my collector interest to any extent.

    If you want to commemorate the Mercury dime, why not buy a nice Mint State or Proof example. You will probably be able to buy it for similar money, and you have an example of the real thing.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • sparky64sparky64 Posts: 7,048 ✭✭✭✭✭
    If you want to commemorate the Mercury dime, why not buy a nice Mint State or Proof example. You will probably be able to buy it for similar money, and you have an example of the real thing.


    I was thinking the exact same thing.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • jmski52jmski52 Posts: 23,289 ✭✭✭✭✭
    I'm especially enamoured of the wooden box. It'll come in real handy, but I have no idea for what.

    It would be interesting to see the Mint offer 2 packaging options at different price points, the fancy wooden box option at a $20-$30 markup and the plain plastic capsule in bubble wrap. I bet I know which option would sell the most coins.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • ShadyDaveShadyDave Posts: 2,217 ✭✭✭✭✭
    While one of my favorite coins is the Mercury Dime, its embarrassing to see the weak detail. No way would I buy this from the mint...I'll be happy to buy it one day at a pawn shop or a LCS where the price would be spot + 5% or 10%. Otherwise, I'll look at my real mercury dimes...
  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    Originally posted by: sparky64

    If you want to commemorate the Mercury dime, why not buy a nice Mint State or Proof example. You will probably be able to buy it for similar money, and you have an example of the real thing.


    I was thinking the exact same thing.





    Heck if you'll take a common date you can get a superb gem with full bands for a lot less!



    ha.com



  • PerryHallPerryHall Posts: 46,911 ✭✭✭✭✭
    Originally posted by: VanHalen

    Originally posted by: sparky64

    If you want to commemorate the Mercury dime, why not buy a nice Mint State or Proof example. You will probably be able to buy it for similar money, and you have an example of the real thing.


    I was thinking the exact same thing.





    Heck if you'll take a common date you can get a superb gem with full bands for a lot less!



    ha.com







    You're comparing apples to oranges---one is .900 silver while the other is 999.9 gold. Two totally different coins. I do think that a Mint State 1916 Mercury dime would make a great companion piece to the gold Mercury dime centennial commemorative as they would compliment each other.





    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭
    Nobody has seen the actual coin yet. All the criticism is based on a drawing. No FB, no face detail, flat finish. How do you know? Your guessing base on your bias against modern coins. Really sour speculation from a drawing? If it's crap after it's release and you've actually seen one in hand or in a quality photo then you have a basis for your vitriol. Right now it seems to be projection of your hatred toward the US Mint on a coin you have not seen.

  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    Originally posted by: Kudbegud

    Nobody has seen the actual coin yet. All the criticism is based on a drawing. No FB, no face detail, flat finish. How do you know? Your guessing base on your bias against modern coins. Really sour speculation from a drawing? If it's crap after it's release and you've actually seen one in hand or in a quality photo then you have a basis for your vitriol. Right now it seems to be projection of your hatred toward the US Mint on a coin you have not seen.




    We have actual pics and the article states no FB and less detail than the original.



    http://news.coinupdate.com/201...me-u-s-mint-exclusive/



  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭


    We have actual pics and the article states no FB and less detail than the original.







    I hadn't seen that article. Thanks.

    Still, it seems with every new release there is an outpouring of negativity aimed at the Mint. Nothing issued after a certain date is good enough.

  • OverdateOverdate Posts: 7,166 ✭✭✭✭✭
    Originally posted by: VanHalen
    We have actual pics and the article states no FB and less detail than the original.

    http://news.coinupdate.com/201...me-u-s-mint-exclusive/

    So the Mint delivers an undersized coin with crappy detail so that it can save some money. Unfortunately those cost savings did not flow through to the consumer. Pass!

    My Adolph A. Weinman signature :)

  • sparky64sparky64 Posts: 7,048 ✭✭✭✭✭
    Originally posted by: Kudbegud



    We have actual pics and the article states no FB and less detail than the original.







    I hadn't seen that article. Thanks.

    Still, it seems with every new release there is an outpouring of negativity aimed at the Mint. Nothing issued after a certain date is good enough.


    I want to say that I would never criticize anyone for buying or collecting these.

    Especially a collector.



    I've bought certain Mint products that were roundly booed but I could care less.



    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • Schmitz7Schmitz7 Posts: 757 ✭✭✭
    I haven't noticed any of the big boys offering price + $x to buy any from the forum members. Looks like not much interest in this one.
  • 3stars3stars Posts: 2,296 ✭✭✭✭✭
    With 1900 coins produced on average per die, that's about 66 dies. You're telling me no one at the mint could etch in details on just 66 dies?
    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • Pass, same ole cracker and the flip crew will likely be selling them to each other.
  • hchcoinhchcoin Posts: 4,837 ✭✭✭✭✭
    Originally posted by: Schmitz7
    I haven't noticed any of the big boys offering price + $x to buy any from the forum members. Looks like not much interest in this one.


    Good point.
  • RaufusRaufus Posts: 6,960 ✭✭✭✭✭
    Definitely!! Question is how many...
    Land of the Free because of the Brave!
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    On the 21st I'm going to buy a PCGS slabbed Buffalo Nickel or something for $200 - $?.



    Whenever I see a bullion Merc, I'll forever think of the REAL coin I ordered on 4-21-16.



    Maybe I'll aim for a 1916 Buffalo .
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Originally posted by: FullStrike
    On the 21st I'm going to buy a PCGS slabbed Buffalo Nickel or something for $200 - $?.

    Whenever I see a bullion Merc, I'll forever think of the REAL coin I ordered on 4-21-16.

    Maybe I'll aim for a 1916 Buffalo .


    I think you can acquire a very nice 1916 Buffalo for 200 bucks.....and you will have a coin not a bullion modern commem.

  • OverdateOverdate Posts: 7,166 ✭✭✭✭✭
    Some presales on eBay are now less than $250 shipped.

    Not very profitable for flippers at the moment.

    My Adolph A. Weinman signature :)

  • gripgrip Posts: 9,962 ✭✭✭✭✭
    Originally posted by: bestday
    If you want one ...wait a couple of months it will trade near spot



    You may well be right.

  • Coin FinderCoin Finder Posts: 7,438 ✭✭✭✭✭
    Melt is about $110 right now... These are selling for twice melt... Pass
  • PerryHallPerryHall Posts: 46,911 ✭✭✭✭✭
    Originally posted by: thebigeng

    Melt is about $110 right now... These are selling for twice melt... Pass




    It's a tenth oz of gold so its melt value is currently a little over $125. Agree that it's overpriced for a business strike coin. I wonder how much of that price is for the fancy box.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • Cougar1978Cougar1978 Posts: 8,838 ✭✭✭✭✭
    There are many other issues for much less than the $205 USM price BIN on eBay. PCGS MS 70 AGE around 170 and world gold issues MS 69 with possibly lower mintages.
    Investor
  • GoldbullyGoldbully Posts: 17,993 ✭✭✭✭✭
    Originally posted by: PerryHall

    Originally posted by: thebigeng

    Melt is about $110 right now... These are selling for twice melt... Pass




    It's a tenth oz of gold so its melt value is currently a little over $125. Agree that it's overpriced for a business strike coin. I wonder how much of that price is for the fancy box.




    $85 should buy quite a nice box. image

  • Huge fan of the mercury dime design. Was excited to hear about this commemorative item. Not happy about the lack of details. Not happy about the premium. Might still buy one though... depends on my mood when the clock strikes noon. If I miss it, will buy a 69 FS at mint issue price in a bout a month. lol
  • jmski52jmski52 Posts: 23,289 ✭✭✭✭✭
    The fast sellout indicates that my theory may be in play.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • PTVETTERPTVETTER Posts: 6,029 ✭✭✭✭✭
    I am in and already sold to another dealer.



    I believe they will be a winner if only for a short time, but a winner never the less.
    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • FrankcoinsFrankcoins Posts: 4,572 ✭✭✭
    Bought five at 12:20 Eastern time Backordered for May 10
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • WeissWeiss Posts: 9,942 ✭✭✭✭✭
    The 1916-D Mercury dime had a mintage of 264,000. It was made of 90% silver. And if you can find a mint state example, it will run you north of $10,000.

    The 2016 Mercury dime has a mintage of 125,000. It is made of pure gold. And if you were lucky (smart) enough to buy one this afternoon, a mint state example cost you all of $200.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • MilesWaitsMilesWaits Posts: 5,442 ✭✭✭✭✭
    When Frank buys this issue you know things could go well.

    Next up, DimeMan sharing his images.

    The simple math made sense for a quick sellout. 125000 equals 12,500 unique buyers at the Max. Divide that by two and you still have a small amount of buyers. Divide by three if you'd like.
    Now riding the swell in PM's and surf.
  • OperationButterOperationButter Posts: 1,672 ✭✭✭
    Funny Miles. Its how this forum works and I find it comical. Instead of all being excited and sharing ones thoughts about the recent issue, everyone seems intent on proving to everyone why they arent buying (when in reality they are). These would have sold regardless of what ANYONE would have put on this forum. I was able to grab 44, 40 to a board member and 4 for me to keep. Im happy and I am sure the board member will be equally as happy when he/she receives the coins after a sub 45 minute sellout.
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • MilesWaitsMilesWaits Posts: 5,442 ✭✭✭✭✭
    Congrats, Butter!

    Yeah, I go with my gut and not others intestinal rumblings.

    Since 2006 or so, that has worked out just fine.
    Now riding the swell in PM's and surf.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    Originally posted by: OperationButter
    Funny Miles. Its how this forum works and I find it comical. Instead of all being excited and sharing ones thoughts about the recent issue, everyone seems intent on proving to everyone why they arent buying (when in reality they are). These would have sold regardless of what ANYONE would have put on this forum. I was able to grab 44, 40 to a board member and 4 for me to keep. Im happy and I am sure the board member will be equally as happy when he/she receives the coins after a sub 45 minute sellout.


    I wasn't kidding.......I don't want one and never will. I am surprised they sold out. I guess there are more modern bullion commem collectors than I thought.

  • jmski52jmski52 Posts: 23,289 ✭✭✭✭✭
    I honestly thought it might take 3 days to sell out. I like the design, not crazy about the smaller size, indifferent to the lack of full bands. I think it will look good in gold.

    I'm interested to see the actual finish.

    One question, how do you know if the Mint has hit your credit card? Is that the 2nd email notice, the one that says "Order Summary"?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭
    One question, how do you know if the Mint has hit your credit card? Is that the 2nd email notice, the one that says "Order Summary"?




    Go to your credit card web site and you will see something like "Recent Activity". Different cards call it different things but they all show the equivalent.



    The mint does a test minimal charge to verify the card is good (a "ping"). This will show under "Pending Transactions". This test charge will be canceled and you will see the full amount of your order instead once the mint is ready to proceed. Once approved by the card company you will see it move to "Current Charges" from pending ones. This should happen at shipping or right before your order ships.




  • veryfineveryfine Posts: 1,763 ✭✭✭
    I was really looking forward to buying one of these, but I was too late. Oh well. image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,634 ✭✭✭✭✭
    The site continually crashed in the first few minutes of ordering. It was "too busy".
    Today was worse than sitting in a waiting room like another time I ordered something through the DOT GOV site. Oh well. Modern times calls for modern crap. image
  • kennytpezkennytpez Posts: 287 ✭✭✭
    My dad was able to purchase 2 around 12:15 today.
    Ken

    I invite you to visit my numismatic eBay store https://ebay.com/str/numismaticswithkenny
  • Coins101Coins101 Posts: 2,603 ✭✭✭
    Originally posted by: Weiss
    The 1916-D Mercury dime had a mintage of 264,000. It was made of 90% silver. And if you can find a mint state example, it will run you north of $10,000.

    The 2016 Mercury dime has a mintage of 125,000. It is made of pure gold. And if you were lucky (smart) enough to buy one this afternoon, a mint state example cost you all of $200.


    So you are claiming there are 264,000 mint state 1916-D dimes????? I am betting there are a significantly lower number of mint state 1916-D dimes than their are mint state 1916 gold dimes! A significantly lower number.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    100
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    I just saw a couple of the gold Mercury things on ebay........OMG! They look awful. Like they were designed by a 3rd grader with problems. Doesn't even look like the Mercury Dime.

    I have absolutely no use for one of those things. Wish they had of done something good for the 100 year....like they did in 1996 for the Roosie.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file